We have ignored the Healthcare System in our country for decades and look where we are! Our Ignorance and tolerance of the so-called Market Driven Health Care has resulted in Disaster! The biggest culprit, those Corporate Executives , Insurance Companies,Lobbyists and our lawmakers, the politicians. All equally guilty of GREED! Although our government and the laws written have allowed an open door to Fraud, it is time to bring the Corporate Criminals & Politicians to Justice.

Sunday, November 4, 2007

Intrepid with respect to the affairs of InterLink

The Phoenix Group Corporation (OTC Bulletin Board: PXGPE), a Dallas-based company, today announced that a ruling was handed down late Friday afternoon by Judge Mike Lynn of the United States Bankruptcy Court for the Northern District of Texas located in Ft. Worth, Texas in connection with a dispute with Intrepid of Texas, Inc. involving InterLink Home Health Care, Inc. a wholly-owned subsidiary of Phoenix. Judge Lynn made several findings of fact in a preliminary ruling that is subject to further proceedings at a later date.

In particular, the court ruled that a pledge agreement in connection with a three-year old loan agreement was "facially valid." Phoenix is disputing the authenticity of this document. The effect of this ruling is to vest temporary corporate governance in Intrepid such that it has the right to operate InterLink until such time as further hearings in the matter can take place or the matter can be resolved between the parties. Although Intrepid has the temporary right to operate the company, Judge Lynn has appointed an examiner to monitor the activities of Intrepid while the matter remains within the jurisdiction of his court. All actions of Intrepid with respect to the affairs of InterLink will be subject to the review of the examiner. Specifically, Judge Lynn ruled that no employees of InterLink would be dismissed during this phase of the dispute, and that business would proceed as usual.

About Me

I prefer to remain hopeful with the notion "Justice for ALL" , around the world. I believe that education is the key to peace and justice.Too much of the small stuff is focused on in mainstream media opposed to the reality of life in a Global World.
The US educational system is declining in the world ranking.
Our Health Care System is a Market-Driven System and as usual, with humans, the superior animal on this planet, have not been monitored. Humans need to be monitored.
CORPORATE CONTROL,Greed,De-regulation of Humans, Our elected and appointed Politicians and CORRUPTION has allowed our country to get to this point of destruction! We need to remember that the founding fathers created this country by it's government "FOR THE PEOPLE, BY THE PEOPLE" which has been transformed into a free-for-all.This is mycountry and the only country I can obtain a passport for, (legally anyway)thus I will try to do my part, as a citizen of my country to ensure it remains "We the people, for the people, by the people"!Just like our FOUNDERS intended it to be!